With THE listing, this was a big step for thena.fi. Did you know that since the listing the fees last week reached $1Mio fully distributed to: - veTHE = Locked THE and voting on pools (90%) - theNFT = Art NFTs which are staked (10%)
The more veTHE and longer time locked, the more rewards received🤑.
TVL is still below $100Mio, btw... which means great volume/fees per TVL efficiency.
Binance is listing $THE! TL;DR: The governance token of THENA is the yield token for providing liquidity on thena.fi. Instead of taking one-time profit there are several options to earn: - Lock for veTHE and vote weekly to earn fees and bribes for the voted pool. Do not forget to vote weekly! - Or earn passively and use a veTHE wrapper: - liveTHE - eTHENA - qTHE They will do the voting and distribute the yield in different tokens depending on the chosen wrapper. Currently, the wrappers are at a discount, so DYOR and NFA.
Are you aware that the #2 DEX on BNB-chain, THENA, has THE STORY campaign with massive rewards? They as well received a BNB grant for their social trading platform ARENA which is part of THE STORY, so this is worth checking out, too!
Go and find out what it is about and get your share🤑
With Thena.fi introducing "THE Story" and their ARENA launch, this week, this can be a game changer on the BNB-chain.
The tool which aims to increase trading volume and social interaction on-chain will be quite interesting to see and grow. THE Story campaign, which is as well featured in the 4-year-ecosystem-celebration of BNB-Chain. Don't forget, joining THE Story can earn you a share of exclusive rewards.
THENA on BSC is still #2 by Holder's revenue in 24h in fees and revenue. Due to its combination of CLAMM features, Automated Liquidity Management and weekly incentivation for token redirection for LPS, it has become a cornerstone on BNB Chain in only 1.5 years! Not even $40 Mio TVL at the moment!!
Everybody who is on BSC should keep an eye on this DEX.
Ever heard of ve33-Tokens? If not, you should know, that their charts always looked down only. THE of THENA is different.. THENA has found a way to stabilize the token price, with several mechanics: - liveTHE, a veTHE wrapper token which does regular buybacks. - ICHI single token vaults paired with THE to take away sell pressure. Trust of their users and token holders into the platform which already generated $20Mio in revenue since January 2023!
Did you see the current volume and holders' revenue for thena.fi users? (Source: Defillama) It generated more than Avalanche in the last 24h! Very impressive for a DEX with $40 mil TVL and only focused on BSC and opBNB. So, why is Fees, Revenue and Holders' revenue all the same? Because Thena.fi distributes everything to its veTHE voters and Thenian NFT stakers. It does not matter if the market is bullish / bearish.
With the upcoming UI change of THENA in a few days, I am ready to see some bullish sentiment for this team.
A decentralized exchange with the innovation of a web3 company, but professionalism and execution of a good web2 company🔥
A nice and clean UI..(sample screenshot) I wonder if the account abstraction will already be included, so it is easy to onboard non-crypto users. Looking forward!